One Solution to the Housing Crisis: Just Make People Rich

More than a half-century later, Restoration faces a different set of challenges, the outcome of shifting demographics that have made Bed-Stuy one of the fastest gentrifying ZIP codes in the country. To put it in the most reductive terms, the thinking within Restoration’s brain trust was that it might simply be easier to make people rich. Yemisi Onayemi had been studying at New York City College of Technology, part of the city’s public university system, when she eventually entered the Marcy program. The development will have cultural space, social space, incubator space, pop-up space for local entrepreneurs. “We’re holding true to what the community wants.”The post One Solution to the Housing Crisis: Just Make People Rich appeared first on New York Times.